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Feb 21, 2013
02/13
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i can't say that. >> reporter: and it's not just cuts to the pentagon dozens of agencies including the fbi will also have to make difficult choices. >> the fbi would be in the position of having to evaluate where those reductions can come from, and that may impact in the national security arena. >> reporter: the president will continue in coming days to highlight the hardships to individuals and to the public at large if the cuts take place. democrats congressional campaign committee also goes on the offensive today. they will accuse republicans of risking 700,000 jobs in order to protect special interest tax loophols. norah, charlie? zblil is plante thanks. >>> a total disaster, that is what one walmart executive wrote about a plunge in sales. the retail giant is announcing its earnings this morning. it's a bellwether for the nation's economy. rebecca jarvis is here with us. what are they saying about the economy? >> looking backwards walmart had a good christmas, that holiday sales worked out well for them they earned more than wall street was expecting, they came in a little light o
i can't say that. >> reporter: and it's not just cuts to the pentagon dozens of agencies including the fbi will also have to make difficult choices. >> the fbi would be in the position of having to evaluate where those reductions can come from, and that may impact in the national security arena. >> reporter: the president will continue in coming days to highlight the hardships to individuals and to the public at large if the cuts take place. democrats congressional campaign...
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Feb 21, 2013
02/13
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>> reporter: it's not just the pentagon. dozens of cuts including the fbi will have to make difficult choices. >> the fbi will have to be in a position to evaluate where the reductions will come from and that may impact the national security arena. >> reporter: the democrats' congressional campaign committee also goes on the offensive today. they will accuse republican of risking 700,000 jobs in order to protect special interest tax loopholes. >>> a total disaster that's what one walmart executive reportedly wrote about a plunge in sales. its it's announcing its report this morning. rebecca jarvis is here this morning. good morning. >> good morning. >> what are they saying and what are they saying about the economy? >> looking backward they're saying walmart had a very good christmas. they earned more than expected. they came in light on sales. however, going forward that's really a question. walmart is considered a bellwether for our economy and what they told us this morning is that the payroll tax cut is impacting consume
>> reporter: it's not just the pentagon. dozens of cuts including the fbi will have to make difficult choices. >> the fbi will have to be in a position to evaluate where the reductions will come from and that may impact the national security arena. >> reporter: the democrats' congressional campaign committee also goes on the offensive today. they will accuse republican of risking 700,000 jobs in order to protect special interest tax loopholes. >>> a total disaster...
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Feb 15, 2013
02/13
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. $46 billion in cuts this year alone, around 8% of the pentagon's budget but the senate headed home without resolving a dispute over the president's pick to lead the military former republican senator chuck hagel. >> we need a secretary of defense on the job. no one, no one knows, especially in the united states senate what foreign challenge will face this country perhaps within the next ten days. >> reporter: republicans say they still have questions about hagel's foreign policy speeches his income and his qualifications for the job. so in a rare move they filibustered his nomination. >> he is the wrong person at the worst time for the job, this day we can and must do better. >> reporter: republicans say they probably will allow hagel to get confirmed when they come back from recess. democrats say if that's the case, why not just confirm him now? this was supposed to be secretary panetta's last week on the job but j.b. and norah, he says he'll stick around until a new defense secretary is named. >> nancy cordes, thank you so much. >>> double amputee olympian oscar pistorius is deny
. $46 billion in cuts this year alone, around 8% of the pentagon's budget but the senate headed home without resolving a dispute over the president's pick to lead the military former republican senator chuck hagel. >> we need a secretary of defense on the job. no one, no one knows, especially in the united states senate what foreign challenge will face this country perhaps within the next ten days. >> reporter: republicans say they still have questions about hagel's foreign policy...
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Feb 14, 2013
02/13
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nearly half the cuts will come from the pentagon, which announced plans last week to reduce its presence in the persian gulf to close the expected budget shortfall. >> we're weeks away from the president's sequester. >> reporter: house republicans have coined the somewhat clunky term "obama-quester" to describe the looming cuts in an attempt to pin the blame on the president. >> i call on the democrats to show us their plan to stop the sequester from going into effect. >> reporter: house republicans passed their own plan last year but the president panned it. >> they made bigger cuts to things like education and job training medicare and social security benefits, that idea is even worse. >> reporter: millionaires just saw their taxes go up two months ago, when they lost their bush era tax cuts and house speaker john boehner has been telling us all week the president got his revenue then. he's not getting any more. ra and j.b. these two sides have to start dealing if they want to avert the deadline which is just two weeks away and congress isn't even in session next week. >> wow, nancy co
nearly half the cuts will come from the pentagon, which announced plans last week to reduce its presence in the persian gulf to close the expected budget shortfall. >> we're weeks away from the president's sequester. >> reporter: house republicans have coined the somewhat clunky term "obama-quester" to describe the looming cuts in an attempt to pin the blame on the president. >> i call on the democrats to show us their plan to stop the sequester from going into...
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Feb 22, 2013
02/13
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with the pentagon and other departments already in crisis mode, the white house announced thursday that he had phoned them but wouldn't state more. was it to reach out for a decision or to reach out in order to compromise? >> the president shoek with senator mcconnell and the speaker. i have no content to read out to you. the two republican leaders pointed out this was the first time they reached out in ought mat imcuts in 2012. it will mean $1.2 trillion in across-the-board cuts. thursday president obama argued to friendly radio hosts that they're standing in his way for the wrong reasons. >> their basic view is nothing is important enough to raise taxes on well thi individuals or corporatio corporations. and they would prefer to see these kinds of cuts and that's what behinds them at that the point. eric cantor put it this way in a statement. president obama has said that unless he gets a second tax hike, he will forced to let criminals loose on the streets, meats at your grocery store won't be inspected and emergency responders won't be able to do their jobs. these are false choice.
with the pentagon and other departments already in crisis mode, the white house announced thursday that he had phoned them but wouldn't state more. was it to reach out for a decision or to reach out in order to compromise? >> the president shoek with senator mcconnell and the speaker. i have no content to read out to you. the two republican leaders pointed out this was the first time they reached out in ought mat imcuts in 2012. it will mean $1.2 trillion in across-the-board cuts....
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Feb 23, 2013
02/13
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. >>> the pentagon has grounded its new fleet of 51 f-35 fighter jets is after a crack was found in the engine blade of one plane. all of the planes are being tested at the time. none were being used in combat. it's the pentagon's most sophisticated aircraft system and the most expensive, costing almost 4$4 billion. >>> the first lady's efforts to encourage young people to exercise got some support from jimmy fallon. he teamed up with the first lady. there you see it to perform the evolution of mom dancing. fallon asked mrs. obama if she would consider running on the presidential ticket with hillary clinton in 2016. the first lady said she was interested in another job, hosting for "the tonight show" when jay leno retires. she's quick. >> she is quick. >>> here's stacy-ann gooden with a look at the weather. good morning. >> good morning. we're looking at pretty active conditions out west. i know it doesn't look like that, but we want to point your attention to what's going on out across the northeast. this system has been dumping heavy rainfall across much of the gulf states and trekkin
. >>> the pentagon has grounded its new fleet of 51 f-35 fighter jets is after a crack was found in the engine blade of one plane. all of the planes are being tested at the time. none were being used in combat. it's the pentagon's most sophisticated aircraft system and the most expensive, costing almost 4$4 billion. >>> the first lady's efforts to encourage young people to exercise got some support from jimmy fallon. he teamed up with the first lady. there you see it to...
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Feb 1, 2013
02/13
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meanwhile at the pentagon officials are looking at big changes in how they fight cyber terror. bob orr is in washington. >> those attacks on the "new york times" and "wall street journal" are part of a plot to crack critical systems inside of the u.s. cyber detectives traced the computer break-ins at "the new york times" and "wall street journal" to government hackers inside china. chinese deny the allegations calling them not professional and groundless but both papers say there is evidence hackers stole reporters' passwords and attempted to monitor coverage of the chinese government. newspapers are just the latest targets. sources say state-sponsored spies mostly from china every day infiltrate a broad spectrum of government and business networks inside the u.s. >> cyber, i believe, represents as big a threat to the security of this country as any one specific threat. >> reporter: at his confirmation hearing thursday secretary of defense nominee chuck hagel warned computer-based attacks could be crippling. >> it's an insidious, quiet kind of a threat that we've never quite se
meanwhile at the pentagon officials are looking at big changes in how they fight cyber terror. bob orr is in washington. >> those attacks on the "new york times" and "wall street journal" are part of a plot to crack critical systems inside of the u.s. cyber detectives traced the computer break-ins at "the new york times" and "wall street journal" to government hackers inside china. chinese deny the allegations calling them not professional and...
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Feb 19, 2013
02/13
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the pentagon could see roughly half of the reductions and that has republicans upset. >> we're going to begin to unravel the finest military in the history of the world at a time when we need it most. >> reporter: mandatory cuts in domestic spending could also hit americans hard. there could be furloughs of food safety employees, leading to a shortage of meat poultry and eggs and pushing up food prices. 50,000 tsa workers could see their hours cut back that would mean longer security lines for air travelers, and more than 350,000 people who need mental health treatment could be denied. hundreds of thousands of government workers from teachers to federal law enforcement agents are likely to be furloughed. many republicans admit the sequester isn't ideal, but they insist cuts have to be made. >> let me be very clear and i say this to the president as i say it to you, these spending cuts are going to go through on march 1st. >> reporter: the white house warns the cuts would get phased in just as the stock market is bouncing back. >> our hope is that this does not happen that, we choose
the pentagon could see roughly half of the reductions and that has republicans upset. >> we're going to begin to unravel the finest military in the history of the world at a time when we need it most. >> reporter: mandatory cuts in domestic spending could also hit americans hard. there could be furloughs of food safety employees, leading to a shortage of meat poultry and eggs and pushing up food prices. 50,000 tsa workers could see their hours cut back that would mean longer...
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Feb 1, 2013
02/13
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. >>> meanwhile pentagon officials are looking at a big change in how they fight tearer. bob orr is in washington. >> those attacks are part of the broader campaign by foreign cyber spies to hack computer systems inside the u.s. officials warn more are inevitable as cyber attacks are ga greater now. to government sponsored hackers inside china. chinese officials denied the allegations calling them not professional and groundless but both papers say there is evidence hackers stole reporters' passwords and attempted to monitor governments of the papers. state-sponsored spies, mostly from china, every day infiltrate a broad spectrum of government and business networks insight the u.s. >> cyber terrorism presents one of the biggest threats. >> secretary of defense nominee chuck hagel warned the attacks could be crippling. >> it's an insidious quiet kind of a threat that we've never quite seen before. it can paralyze a nation in a second. >> for now the damage is economic. cyber spies and criminal hackers are stealing corporate secrets worth an estimated $250 billion a year fr
. >>> meanwhile pentagon officials are looking at a big change in how they fight tearer. bob orr is in washington. >> those attacks are part of the broader campaign by foreign cyber spies to hack computer systems inside the u.s. officials warn more are inevitable as cyber attacks are ga greater now. to government sponsored hackers inside china. chinese officials denied the allegations calling them not professional and groundless but both papers say there is evidence hackers stole...
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Feb 5, 2013
02/13
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. >>> we're less than a month away from massive layoffs and cuts in spending at the pentagon and elsewhere. nancy cordes is on capitol hill. >> reporter: good morning. they call this the sequester and both signs long predicted it could harm the economy if the cuts are allowed to kick in. instead of working together to do something about it they resorted to the blame game a month before the deadline. republicans may be the party of spending cuts but on monday house speaker john boehner insisted the looming sequester was the president's idea. >> the president first proposed this sequester in 2011 and insisted that it be part of the debt limit agreement. >> reporter: unless congress acts the package of cuts worth $1.2 trillion will start to kick in march 1st, taking a $55 billion bite out of this year's defense budget and $27 billion from domestic discretionary spending. according to the congressional budget office more than 1 million jobs are at risk. defense secretary leon panetta had this warning. >> we are going to weaken the united states and make it much more difficult to respond to the
. >>> we're less than a month away from massive layoffs and cuts in spending at the pentagon and elsewhere. nancy cordes is on capitol hill. >> reporter: good morning. they call this the sequester and both signs long predicted it could harm the economy if the cuts are allowed to kick in. instead of working together to do something about it they resorted to the blame game a month before the deadline. republicans may be the party of spending cuts but on monday house speaker john...
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Feb 22, 2013
02/13
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with the pentagon and other departments already in crisis mode, the white house oannounced thursday the president phoned mitch mcconnell and house speaker john boehner but deliberately avoided saying more. was it simply to restate his position or to reach out to them in the interests of compromise? >> the president spoke with senator mcconnell and the speaker. i have no content to read out to you of those conversations. >> reporter: the two republican leaders pointed out this was the first time the president has reached out to them on the topic of the automatic cuts in two months since the end of 2012. the sequester is set to kick in a week from today will mean $1.2 trillion in across the board cuts. thursday, mr. obama argued to friendly radio hosts that republicans are standing in his way for the wrong reasons. >> their basic view is that nothing is important enough to raise taxes on wealthy individuals or corporations and they would prefer to see these kinds of cuts and that's the thing that binds their party together at this point." >> reporter: but republicans say the president is
with the pentagon and other departments already in crisis mode, the white house oannounced thursday the president phoned mitch mcconnell and house speaker john boehner but deliberately avoided saying more. was it simply to restate his position or to reach out to them in the interests of compromise? >> the president spoke with senator mcconnell and the speaker. i have no content to read out to you of those conversations. >> reporter: the two republican leaders pointed out this was...